Delayed Outcome
Possible that the pandemic just delayed the outcome of pattern playing out? Here is an idea that 2 cycles have played out and 3rd is just about to start.
Note
Chart from over a year ago showing the same possibility. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.